Commerzbank’s Michael Rugilo and Barbara Herbert highlight the Renminbi opportunity in FX-MM Magazine

The latest fluctuations in the Chinese Renminbi (RMB) have had a significant impact on global markets. Amid slowing Chinese growth rates, European companies might – in the short term – fear adverse implications such as higher export costs and declining share prices.

But writing in a feature for FX-MM Magazine, Michael Rugilo, Asia Expert for Commerzbank Corporates & Markets, and Barbara Herbert, Renminbi Specialist for Commerzbank Transaction Services, point out that such price movements are a symptom of increasing liberalisation and that, with the right measures, the currency still offers long-term promise as it goes global.

You can read the article here (note: a free login is required)

Commerzbank’s Barbara Herbert and Michael Rugilo discuss trade prospects with RMB for Trade & Export Finance

As RMB gains traction as a world currency, the opportunities for cross-border trade with China and within Asia 
continue to grow. But in the light of recent media coverage of a devaluing currency and slowing Chinese growth, what can corporations do to secure and advance their trade operations using RMB? Barbara Herbert, renminbi specialist and Michael Rugilo, Asia expert at Commerzbank offer their insights on cross-border commerce in an article for Trade & Export Finance.

You can read the article here.

Commerzbank explains how treasurers can gain from RMB internationalisation in AFP’s newsletter

The recent turbulence in China’s markets, coupled with RMB’s devaluation, has caused much consternation among investors and companies alike. However, writing for AFP Online’s Global Treasury and Finance Insights newsletter, Michael Rugilo, Asia Expert, and Barbara Herbert, Renminbi Specialist, at Commerzbank, reveal how treasurers can cope with a volatile currency – arguing that with the correct treasury setups, embracing an internationalising RMB can present significant advantages.

To read the article in full, please click here.